Open Side Menu Go to the Top
Register
The Shark Tank The Shark Tank

10-27-2013 , 02:38 PM
Quote:
Originally Posted by LozColbert
I checked out elephant chat's website: http://www.elephantchat.com/ and I think they likely got a bit screwed on the SharkTank editing.

It's a tough thing to execute, but they might actually make money on it.
They got RAPED in editing. Watch that 3 minute youtube video on their site and it really shows you how "lol" big company editing is. Almost as bad as when I was on the news last time.
The Shark Tank Quote
10-27-2013 , 04:38 PM
but directly above that video is an advert to buy an elephant only for $25.
The Shark Tank Quote
10-27-2013 , 05:16 PM
Bad editing or not, that can't be a good product
The Shark Tank Quote
10-27-2013 , 05:46 PM
Quote:
Originally Posted by Conz
Bad editing or not, that can't be a good product
Oh don't get me wrong, there's a 0% chance I would invest with them. And a 0% chance I'd buy the product.

But the editing was still very misleading imo.
The Shark Tank Quote
10-28-2013 , 04:42 AM
Quote:
Originally Posted by bosoxx05
I've only ben watching the show for about a season and a half but it tilts me whenever someone has a big price tag such as the haunted pitch from last night and O'Leary always ****s all over it. I think it's because he can't afford it or is really risk averse. It just bugs me that he never invest unless it's fairly cheap and he pitches his stupid 0 equity all perpetuities and royalties deal.

I was happy to see Cuban jump over that last night.
20m$ valuation was ridicilous tho. It was worth 10 at most. he was a bit harsh tho. I think cuban slightly overpaid tho.

Also sometimes the sharks seem a bit harsh when someone inexperienced walks in with a good product. Like those guys with the fiberfix it. They make a stupid counteroffer and that robert guy is out right away. Seems like he missed some value there.

Also can someone explain to me those loan shark guys? Are those loans basicly equity loans? If you dont pay us we get collateral? With high interest. And i thought they should have made a 40% bid instead of 25%. They got a bit greedy.

Last edited by chipchip; 10-28-2013 at 04:56 AM.
The Shark Tank Quote
10-28-2013 , 09:44 AM
Quote:
Originally Posted by LozColbert
There's lots and lots of women in Dallas who look like her.
I grew up in Massachusetts and went to college there. One of my fraternity brothers from Texas had a high school friend of his visit, and I thought she was amazing looking - easily an 8 or 9. He told me with a straight face that she was probably a "4" in Texas. And she was better looking than this woman by leaps and bounds. Yes, I realize this girl I met was in her late teens and this woman is a mom likely in her 30s, but for Texas she's likely nothing special.
The Shark Tank Quote
10-28-2013 , 09:47 AM
I thought the key to the haunted pitch was the interactive summer camp experience. From what I could gather it's like those murder mystery boat events or dinner parties, but on a larger scale. Who wouldn't want to do something like that to kind of live out a Friday the 13th type of thing? Plus, it gives them activities to run during the summer or even year-round in warmer climates. Seems like a home run in the making, and the woman running things came across sharp as a tack.
The Shark Tank Quote
10-28-2013 , 10:18 AM
Quote:
Originally Posted by bosoxx05
I've only been watching the show for about a season and a half but it tilts me whenever someone has a big price tag such as the haunted pitch from last night and O'Leary always ****s all over it. I think it's because he can't afford it or is really risk averse.
both
The Shark Tank Quote
10-28-2013 , 03:51 PM
Quote:
Originally Posted by HyperionMark
both
Doesn't he run some sort of hudge fund or something? I thought he easily had access to millions+

Am I wrong?
The Shark Tank Quote
10-28-2013 , 04:22 PM
Quote:
Originally Posted by RikaKazak
Doesn't he run some sort of hudge fund or something? I thought he easily had access to millions+

Am I wrong?
So his rumored/estimated net worth is to be around $300 million. He has said publicly that he only would go up to 5% of his net worth on VC (which obviously you could consider Shark Tank deals). That means he wants around $15 million in total VC of which I'm sure Shark Tank and Dragon's Den would be only a portion of. Even if he is willing to have $10 million worth of Shark Tank deals he isn't going to want to do one deal for a fifth of his Shark Tank portfolio.

Kevin almost always does smaller deals that currently cash flow. He doesn't even care that much about equity its seems unless he can have a controlling portion (51%+). You hear Cuban make those comments sometimes, too...."that's a Kevin deal."
The Shark Tank Quote
10-28-2013 , 09:34 PM
Kevin actually has the highest avg $ per investment

The Shark Tank Quote
10-28-2013 , 09:54 PM
i doubt Kevin's net worth was $15M pre-Dragon's Den. However, DD let him launch a line of mutual funds for suckers that have probably made him a good chunk of change.
The Shark Tank Quote
10-29-2013 , 12:17 AM
Quote:
Originally Posted by Zenzor
Kevin actually has the highest avg $ per investment
Thanks for posting that. That's a good infographic.
Quote:
Originally Posted by LozColbert
i doubt Kevin's net worth was $15M pre-Dragon's Den.
Who said he had $15 million pre DD?
The Shark Tank Quote
11-01-2013 , 10:37 PM
Great episode, one of my favorites by far.
The Shark Tank Quote
11-01-2013 , 11:42 PM
The first pitch was fascinating. My wife wants to buy it. Cuban was willing to give a nice valuation, but it sounds like he didn't think he could add much to the deal. I get the rationale behind going with Lori, but I'm not sure it was the correct one.

I find Daymond's negotiating with the cupmaker to be an interesting play. Sure he gets more equity, but that's not really the way I would want to begin a relationship. but to be honest, the entrepreneur probably should've been prepared enough to have known to take the deal. Cuban was signaling that he wouldn't match it, and he was probably the only other potential investor. While this drama makes for good TV, I hate it because it takes money away from the entrepreneur and gives it to the investor.

Loved the farmer. Sounds like he found a need, filled it, and I hope he gets rich and improves the lives of his customers.

Cuban was the only potential for the body board idea, and he just wasn't willing to invest the time. Watching Cuban break the guy down was clinical. Great stuff. Who knows-- the inventor might still do ok, as a big company might just buy the idea.

I loved having no Robert in this episode. Best part of the episode.
The Shark Tank Quote
11-02-2013 , 01:35 AM
The body board guy is horrible, 10 years with no sales?! He will 100% fail.

The farmer story was great, I'm glad he got what he came for.
The Shark Tank Quote
11-02-2013 , 02:42 AM
I'm sure were going to see a rush of products on the market like the first pitch with all natural cleaning sprays and I bet this one takes off with all of the exposure from the show. It just makes too much sense to stop using harsh chemicals and anyone with small children quickly understands why.
The Shark Tank Quote
11-02-2013 , 11:23 AM
In that terrible movie Guilt Trip with Seth Rogan and Barbara Streisand, Rogan is trying to sell a natural cleaning solution and [spoiler alert] he drinks the solution during a pitch [/spoiler]
The Shark Tank Quote
11-02-2013 , 03:59 PM
While the bodyboard guy wasn't an ideal investment for them, they were way over the top in the bashing of him.

Daymond calling it the worst pitch he's ever seen on the show?? Probably wasn't even the bottom 20.
The Shark Tank Quote
11-02-2013 , 04:16 PM
the problem with the bodyboard guy is that he had lots of excuses for why he hadn't tried to sell the product or commercialize it. none of them are really potential investors in that type of product, except maybe Cuban. Daymond's criticism was definitely over the top.

it is still potentially a decent product for a big company to buy and pay him a small % royalty.
The Shark Tank Quote
11-02-2013 , 04:57 PM
I liked when he said that his Kickstarter project failed because he was only allowed to sell one product per backer.. at $2,800.
The Shark Tank Quote
11-02-2013 , 06:08 PM
Quote:
Originally Posted by Jusbe
I liked when he said that his Kickstarter project failed because he was only allowed to sell one product per backer.. at $2,800.
The guy obv. doesnt know enough about kickstarter when he said that. Kickstarter is great for smaller ticket items that are less than $300 ish. $2800 for something through kickstarter is ridiculous and will never get enough interest to fund imo.
The Shark Tank Quote
11-02-2013 , 06:39 PM
Yeah, thats obv true. But he actually said that he had huge interest in Kickstarter, with most people interested in buying multiple boards (still, at 2,800 a pcs), and only failed because Kickstarter limited him to selling only one product/pledge per person. Guy made absolutely no sense.
The Shark Tank Quote
11-02-2013 , 06:51 PM
this season has been so so awesome.

cleaning product was one of the best products in the shows history imo. I would love to have a chance to invest in that.

body board thing seemed like an cool idea but apparently it wasn't much more than an idea at this point.

farmer guy was obv awesome. i'm sure cuban would have given him the cash if the other guy hadn't.

the cup thing is tilting in the "wtfff sooooo simple why didnt i think of that" kind of way. my question is whether it holds significantly less liquid than a normal plastic cup? It would be pretty annoying if they can't hold an entire 12oz beer or whatever, but it appears to still hold 16oz.
The Shark Tank Quote
11-02-2013 , 07:41 PM
Maybe it was the editing but the cup pitch made O'Leary look like an absolute scum. After Daymond made the offer O'Leary repeatedly said 'You don't know if this is the only offer you will get', etc, etc, cup guy rejects the offer and then O'Leary is out...
The Shark Tank Quote

      
m